you doing okay, bud?

I’d love to know where you come up with your facts and figures. Especially when it comes to millennials and home ownership. That generation (which I’m technically at the front of) is savvy. The things they are buying are not starter homes or mansions, but they’re buying the middle of the road stuff that they could live in forever if they have to. Most are financially stable, and a sizable down payment.

Source: I closed 7 mortgages last month. 5 were easy and younger people, two were late 40s/early 50s people that were leveraged to the hill. Also numerous articles on millennial spending, saving, and purchases.

What's a "sizeable down payment"?

Genuinely curious. 20% was the standard pre 2005 or so, but I understand the requirement is much, much less now.

You do know that it absolutely is Not a federal law, but rather an Order, right? And yes, there's a big difference.

20% no PMI (or 80% LTV I should say). I have yet to do a loan for a millennial who paid PMI. I’ve seen them tap a 401k loan and pay themselves back. Take the $10,000 first time homebuyer out of a Roth. The generational differences financially are pretty fun to see.

Us millennials have seen our parents and their friends lose everything (jobs, pensions, houses underwater) and refuse to let the same thing happen to us.. so we are extra cautious. Maybe unnecessarily so.

​​​​​​I build my budget around the small check, i just dont trust the industry.

Ok, what's the big difference? You think you can not wear a mask and still keep your job?

That gives me some faith in youts.

Executive order is a unilateral decision made by the president and inacted immediately, without any concurrence or even recognition from the legislative brach of our government (who actually makes laws). Granted the legislative, and judicial, can come back later to try and alter or remove the order. But this Order, not law, was 1 of 17 signed on Biden's 1st day in office. Go Team go....

I can not wear my mask pretty much everywhere and still keep my job. I wear it where I'm required to, and that's all. Similar to the shoulder harnesses in the jet. On for the minimum required amount of time, and then off.

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